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Mississippi officials report that the state's ban on payday loan rollovers will remain intact after the Consumer Financial Protection Bureau enacts new rules on payday lending.
June 10 -
Instead of trying to become technology innovators themselves, CUs should team up with firms that have a proven track record of innovation, leaving CUs free to stay focused on core competencies.
June 10
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Strong member service is a hallmark of credit unions, so why aren't they giving members an opportunity to trumpet about it?
June 10
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Most credit union industry insiders and experts agree that technology has shaped branching strategy in recent years as many locations have become smaller, with fewer teller lines and more space for consultation.
June 10 -
From 'visioning sessions' to using technology to decrease the footprint of each branch, credit unions remain cautions with members' money when it comes to expanding their branch networks.
June 10
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Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.
June 10
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The Bank of England is among the central banks exploring possible uses of blockchain technology. In a recent speech, a BOE official noted how it would open access to central banks beyond commercial banks. "Everyone including individuals would be able to hold such balances," he said.
June 10
Custodia Bank -
A recent op-ed warning of the risks to participation holders in bank failures missed several important points about today's loan market.
June 10
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CUs have long argued that the bureau's director already has the authority to create a carve out for the industry, and more than 300 members of Congress agree, but the CFPB is standing firm on the issue.
June 10
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